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New Mexico: State Court of Appeals ruling that medical marijuana producers can claim a tax deduction for prescription medication

Cannabis Law Report

SANTA FE – A state Court of Appeals ruling that New Mexico medical marijuana producers can claim a tax deduction for prescription medication could affect prices for 80,000 or so enrolled patients statewide – and the state budget. I think it’s good news, because we should never tax food or medicine,” Rodriguez said in an interview.

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Average Price of Cannabis 17% Higher Since Legalization

WeedAdvisor

If there is one argument that some have against legalization, it is the issue of pricing. According to Kelowna Capital News , the average price of illegal cannabis is 17% higher roughly three months after legalization. Cannabis Prices Since Legalization. In many cases, the prices are astronomically higher.

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ICYMI: Proposed Emergency Regulations Require QR Code on All Licensed California Retail Cannabis Premises

Canna Law Blog

BREAKING NEWS: Washington State Bans Flavored Vapor Products. QR Code Price Tag Coding Encryption Label Merchandise Concept. We view these new regulations as another step by the BCC to curb illegal commercial cannabis activity here in California, where the black market has continued to flourish despite legalization.

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Article: At Least We Now Know Why Weedmaps Didn’t Want to Get Rid of the Illegal Listings on Their Website

Cannabis Law Report

SHARE PRICE TUMBLE. Weedmaps, or now known as WM Technology on Wall Street, had a horrendous stretch of bad news and dismal financial reporting over the past few weeks. Weedmaps, or now known as WM Technology on Wall Street, had a horrendous stretch of bad news and dismal financial reporting over the past few weeks.

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Op-Ed: Gov. Kristi Noem: ‘Legalizing industrial hemp legalizes marijuana by default’

Cannabis Law Report

Yet with Texas’s new industrial hemp law now on the books, prosecutors have dropped hundreds of marijuana cases and have stopped accepting new cases until much more detailed testing is done. In Ohio, a law enforcement official said this to WBNS, a local news station: “We have to be able to distinguish between hemp and marijuana.

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The IRS Offers Some Clarity on Tax Deductions in the Cannabis Industry

Veriheal

That’s good news for the state—another source of income that can be used for things that benefit all the state’s residents. And if the price tag makes you flinch, just remember that by paying the tax on your cannabis products, you’re helping a new industry find its feet. .

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How to Make B2B Direct Mail Marketing Work in the Cannabis Industry

SpeedWeed

Be the first to know when new content like this is available! Subscribe to our newsletter to get alerts about new posts, local news, and industry insights. Unlike email marketing where you can send reminder messages without spending a lot of additional time or money, direct mail reminders come with big price tags.